Current Issue : July - August 2022
Read/Download

OR

Flipbook

OR

To The FREE Digital Magazine And Newsletters

Articles May-June 2023

Lolllapalooza India: Time To Be Great New!

Viraf Pocha, Director, Landmark Productions, breaks down the intricate audio, video, and lighting deployment by several big names in the pro sound, audiovisual, and lighting industry that made Lollapalooza a massive hit with the visitors. read more

Articles May-June 2023

Cover Story: Inside Nita Mukesh Ambani Cultural Centre New!

PALM Technology sheds more 'light' on the pro lighting technology that adds an exceptional luminance to every inch of The Grand Theatre. IES, spearheaded by Rasesh Parekh, illuminates the venue with lights that spell resplendence. read more

Articles Mar-Apr 2023

Martin's New RGBW Light Engine Propults Compact, Brighter Wash Light Series New!

Mark Mercer-Buss, Martin Global Product Line Manager of Entertainment Lighting, delves deep into how the Martin ELP PAR/ELP PAR IP and Martin ERA 150 Wash Lights elevate the Martin Lighting portfolio. read more

Articles Mar-Apr 2023

Patna's Auditorium Gets New Audio System From SOUNDXPERTS New!

Punjab-based SOUNDXPERTS delivered a complete turnkey solution for Patna Women's College auditorium, including pro audio, video, lighting, control, acoustics, seating, and flooring. Sun Infonet supplied leading brands for prestigious project execution. read more

Articles Mar-Apr 2023

AV-ICN 2023 Show Preview: Strong Sentiment for AV-ICN to Establish New!

The AV-ICN Expo 2023 is a stand-alone Expo in Hall 2 at Bombay Exhibition Centre, Nesco, Mumbai. The AV-ICN Show Preview offers a sneak peek at audiovisual products, technologies, and innovations on display at the show floor this year. read more

Articles Mar-Apr 2023

CAVS, Ahmedabad Elevates INDIAN AV EDUCATION Landscape To New Heights New!

The third edition of CAVS proved once again that when it comes to carving a niche in fields such as audiovisual and integration networking, the sky is the limit. read more

Articles Mar-Apr 2023

Are Global Integrators Reshaping the INDIAN AV INDUSTRY? New!

Global integrators establishing in India are sourcing highly experienced AV professionals from Indian system integrators and AV consultancy companies. Executing large projects worldwide from India, the Indian AV industry is being reshaped to compete for international projects. AV-ICN's Editorial Assistant Ritika Pandey analyses the churn impacting Indian AV industry. read more

Articles Mar-Apr 2023

State-Of-The-Art Technology Set To Be Unveiled At PALM Expo 2023 New!

From premium microphones to cutting-edge stage lighting fixtures, from superlative loudspeakers to ever-reliable cables and connectors - the trade show floor at PALM Expo 2023 promises to bring into spotlight the cream-of-the-crop products from the pro audio and lighting industry. PALM + AV-ICN offers a glimpse into what this edition of India's biggest stage sound, professional lighting, rigging, and trussing trade show has to offer to its visitors. read more


Show More

Bose Professional to Expand with New Investor, Transom



Bose expands as a newly independent business with Transom Capital Group as its investor


Bose Corporation, a US-based multinational company and global leader in audio systems, announced its expansion as an independent business with new investor, Transom Capital Group ("Transom"), a leading operations-focused middle market private equity firm. With this deal, Transom will assume ownership of the Bose Professional commercial installation and conferencing businesses. Bose will retain its portable PA systems as part of its core consumer product business.

For more than 50 years, Bose Professional has developed audio systems that are easy to design, install and operate for performance, commercial and conferencing applications, and has worked with AV integrators, system designers, installers and consultants to deliver these unforgettable audio experiences. Now, its systems can be heard worldwide - in workplaces, houses of worship, universities, restaurants, retail stores, hotels, performing arts centers, stadiums, and more.

"We're proud of what Bose Professional has accomplished - its legacy in the professional AV market and the diverse list of amazing installations it has completed all over the globe," said Lila Snyder, CEO of Bose Corporation. "The sale to Transom will provide Bose Professional the additional attention it needs to support the professional audio customer, and to continue to develop products and technologies that stand out in the industry. It will also allow Bose to focus more deeply on our core business - creating amazing audio experiences for on-the-go, at home and in the car."

"Bose Professional's tenure in the professional audio business, its standout product portfolio and customers, as well as its team dedicated to researching, engineering and delivering new and innovative products, made it a compelling business for us to bring into our portfolio," said Russ Roenick, Founder and Managing Partner at Transom. "We are working closely with Bose to ensure business continuity for Bose Professional going forward, and we look forward to continued success for the business as an independent company."

"We're excited about the new opportunities this will enable us to explore," said Michael Bennett, CEO of Bose Professional. "Our customers are the key reason we develop systems that are easy to design, easy to install and easy to operate. As the pro-AV industry continues to evolve, our focus is on ways to help our customers be more successful and clear the path to great sound." Progress Partners acted as Bose's exclusive financial advisor in connection with the sale. Additional information, including financial and other terms of the transaction, will remain confidential.

Progress Partners acted as Bose's exclusive financial advisor in connection with the sale. Additional information, including financial and other terms of the transaction, will remain confidential.

Bose Professional Appointed Mark Ureda as Board of Director to Create Incredible Audio Solutions

As a newly independent business, made possible by its new investor Transom Capital Group, Bose Professional will deepen its efforts and focus on technologies and solutions that enable their customers to create incredible audio solutions faster and more efficiently.

As a sign of this new focus and attention, Bose Professional announced the appointment of Mark Ureda to the company's Board of Directors. Ureda's nearly four decades of experience across a variety of strategic leadership roles include Senior Vice President of Harman International, Vice President of JBL, and Vice President of Corporate Strategy and Technology at Northrup Grumman. As business advisor, Ureda will enrich the already extensive professional audio experience currently seen in Bose Professional's leadership team.

"For the last five decades Bose Professional has developed innovative solutions and partnered with system integrators to create incredible pro audio experiences," shared Michael Bennett, Chief Executive Officer of Bose Professional. "The AV industry continues to be poised for growth and opportunity, and we're excited to expand our role as we respond to changing customer needs and industry trends faster."

"Given Bose Professional's pedigree and expertise in professional audio, coupled with its talent across the disciplines of the business, we're excited to provide the additional support needed for the next level of growth," said Transom Capital Group's Founder and Managing Partner, Russ Roenick. "We look forward to continued success for the business as an independent company."

Current Issue : May - June 2023
Read/Download

OR

Flipbook

OR

To The FREE Digital Magazine And Newsletters

Archives

Palm Expo Magazine Mar Apr 2023 Palm Expo Magazine Mar Apr 2023
Palm Expo Magazine Jan Feb 2023 Palm Expo Magazine Jan Feb 2023
Palm Expo Magazine Nov Dec 2022 Palm Expo Magazine Nov Dec 2022
Palm Expo Magazine Sep Oct 2022 Palm Expo Magazine Sep Oct 2022
X